Franklin, IN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Franklin, IN is $335,000, up 9.8% year-over-year. Homes sell in an average of 66 days with 59 active listings. The market is currently a balanced market.
$335,000median sale price
Is Franklin a buyer's or seller's market?
Franklin, IN is currently a balanced market, based on 2.0 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
66
Average pace
Active listings
59
2.0 months supply
Sale-to-list
98.2%
Below asking
Franklin, IN market data
| Metric | Value |
|---|---|
| Median sale price | $335,000 |
| Median list price | $325,000 |
| Year-over-year price change | +9.8% |
| Average days on market | 66 days |
| Active inventory | 59 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 98.2% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Franklin housing market is currently classified as a balanced market with a median sale price of $335,000. Prices have risen 9.8% compared to last year, with homes spending an average of 66 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Franklin
There are currently 59 homes listed for sale in Franklin, Indiana. The median listing price is $325K.
Active listings
59
Homes on market
Median list price
$325K
Avg. days on market
66
Days until sale
New this week
37
Newly listed
Top public schools in Franklin
8 schools tracked · 5,223 students
The largest public schools serving Franklin, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Franklin Community High School
Grades 9-12 · 1,590 students
Franklin Community Middle School
Grades 7-8 · 741 students
Custer Baker Intermediate School
Grades 5-6 · 736 students
Creekside Elementary School
Grades PK-4 · 528 students
Northwood Elementary School
Grades PK-4 · 506 students
Clark Elementary School
Grades K-5 · 501 students
Needham Elementary School
Grades PK-4 · 336 students
Webb Elementary School
Grades PK-4 · 285 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Franklin?
The median home sale price in Franklin is $335,000, up 9.8% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 66 days on market before going under contract.
Is Franklin a buyer's or seller's market?
With 2.0 months of supply, Franklin is currently a balanced market.
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